Monday, October 21, 2013 News from Switzerland: A Referendum To Overturn FATCA Breaks through Fears of U.S. Retaliation (1 comments)
Citizens' groups in Switzerland are rising up against an attack on their country's sovereignty under the U.S. FATCA law (the Foreign Account Tax Compliance Act that requires Swiss banks to transmit the financial data of U.S. expatriates, as well as many Swiss citizens, to the IRS. A "direct democracy" referendum drive is underway to reject an agreement to impose FATCA in Switzerland.
Saturday, October 5, 2013 Canada's Shadow Revenue Minister Warns Government against Sellout on FATCA! (5 comments)
The New Democrats, Canada's progressive opposition party, has warned the Conservative government not to sell out Canadians' privacy rights to the United States. FATCA information demanded by the IRS on some 1 million Canadians would be passed on to spy agencies like the NSA. Will progressives really fight to uphold the Canadian Charter of Rights and Freedoms?
Saturday, September 28, 2013 FATCA: a Tool of the Electronic Surveillance State (2 comments)
The "Foreign Account Tax Compliance Act" (FATCA) is touted as a tax enforcement tool. In fact, FATCA would require indiscriminate gathering of information from innocent people worldwide, which then would be turned over to NSA and other U.S. intellige